Agenda - Council Work Session - 03/13/2012

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Assistance points were awarded to the development. (Refer to the Rental Assistance section of the scoring worksheet.) Transfer Ownership: If the ownership entity has changed, provide a copy of the assignment, a revised Transfer Agreement (HTC 20) and Notice of Intent to Transfer Ownership (HTC 27), and Release of Information Authorization Form (HTC 17) (See Chapter 3.F & G), and the Transfer of Ownership Fee (See Chapter 9). Partnership Agreement: Provide a copy of the executed final Partnership Agreement. Photographs: Provide clear photographs of completed building(s). Building Map (HTC 28): Provide a completed Building Map for each building. Identity of Interest: A written disclosure as to any and all Identity of Interest parties (see Chapter 3.1 and J). Affirmative Action and Equal Opportunity Forms: It is the policy of the Minnesota Housing Finance Agency to take affirmative action to provide equal opportunity in all of its endeavors. Complete, execute and return the following forms: a. Affirmative Fair Housing Marketing Plan describing the marketing strategies that an owner will use, including, but not limited to special efforts the owner will make to attract persons who are least likely to apply in addition to a broad cross section of the local population without regard to religion, sex, national origin or status as a recipient of public assistance. b. Equal Employment Opportunity Policy Statement. Tenant Selection Plan: Provide a written tenant selection plan describing the tenant selection policy that an owner will use that must be submitted, reviewed and approved by Minnesota Housing prior to the issuance of the 8609. The written tenant selection plan must establish procedures that, at a minimum, meet the following applicable requirements: a. Minimum and Maximum Household Size: While IRS regulations do not specifically address occupancy requirements, Minnesota Housing encourages maximum utilization of space for developments receiving priority for serving large families; therefore: 1. The written occupancy policies should set a minimum of at least one person per bedroom and set maximum standards of at least two persons per bedroom. Owners should also comply with state and local laws, regulations and financing requirements (e.g., if Rural Housing Service, Use RHS regulations), and; 2. Where two equally qualified households apply for a unit, preference shall be given to the larger household that is most suitable to the unit size; and b. Cooperatively Developed Housing Plan/Agreement to Provide Other Rental Assistance: Minnesota Housing requires a development receiving priority under the Rental Assistance category for entering into a cooperatively developed housing plan/agreement with the local Public Housing Authority or Redevelopment Authority or other similar entity to provide other rental assistance ; therefore: 1. The written selection plan between the owner and the local housing authority or other similar entity must include provisions to support and implement the cooperatively developed housing plan/agreement to provide other rental assistance. Smoke Free Building/s*: If applicable, provide the written policy prohibiting smoking in all the units and all common areas within the building/s of the project for the term of the declaration. The project must include a non-smoking clause in the lease for every household. 45 1 2012 Housing Tax Credit Procedural Manual Rev. 04/2011